Ellington Financial LLC And 7 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Ellington Financial LLC (EFC), First Hawaiian (FHB), Douglas Dynamics (PLOW) are the highest sales growth and return on equity stocks on this list.

Here is a list of stocks with an above 5% expected next quarter sales growth, and a 3% or higher return on equity. May these stocks be a good medium-term investment option?

1. Ellington Financial LLC (EFC)

60.3% sales growth and 8.67% return on equity

Ellington Financial Inc., through its subsidiary, Ellington Financial Operating Partnership LLC, acquires and manages mortgage-related, consumer-related, corporate-related, and other financial assets in the United States. The company acquires and manages residential mortgage-backed securities (RMBS) backed by prime jumbo, Alt-A, manufactured housing, and subprime residential mortgage loans; RMBS for which the principal and interest payments are guaranteed by the U.S. government agency or the U.S. government-sponsored entity; residential mortgage loans; commercial mortgage-backed securities; commercial mortgage loans and other commercial real estate debt; and residential mortgage loans. It also provides collateralized loan obligations; mortgage-related and non-mortgage-related derivatives; equity investments in mortgage originators; and other strategic investments. In addition, the company offers consumer loans and asset-backed securities backed by consumer and commercial assets. Ellington Financial LLC was founded in 2007 and is based in Old Greenwich, Connecticut.

Earnings Per Share

As for profitability, Ellington Financial LLC has a trailing twelve months EPS of $1.21.

PE Ratio

Ellington Financial LLC has a trailing twelve months price to earnings ratio of 11.06. Meaning, the purchaser of the share is investing $11.06 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.67%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Aug 30, 2024, the estimated forward annual dividend rate is 1.56 and the estimated forward annual dividend yield is 11.66%.

Volume

Today’s last reported volume for Ellington Financial LLC is 891993 which is 7.8% below its average volume of 967514.

2. First Hawaiian (FHB)

26.1% sales growth and 9.04% return on equity

First Hawaiian, Inc. operates as a bank holding company for First Hawaiian Bank that provides a range of banking services to consumer and commercial customers in the United States. It operates in three segments: Retail Banking, Commercial Banking, and Treasury and Other. The company accepts various deposit products, including checking and savings accounts, and time deposit accounts. It also provides residential and commercial mortgage loans, home equity lines of credit, automobile loans and leases, personal lines of credit, installment loans, and small business loans and leases, commercial lease financing, and auto dealer financing. In addition, the company offers personal installment, credit card, individual investment and financial planning, insurance protection, trust and estate, private banking, retirement planning, treasury, and merchant processing services. As of December 31, 2020, it operated 54 branches in Oahu, Maui, Hawaii, Kauai, Lanai, Guam, and Saipan. The company was formerly known as BancWest Corporation and changed its name to First Hawaiian, Inc. in April 2016. The company was founded in 1858 and is headquartered in Honolulu, Hawaii. First Hawaiian, Inc. is a subsidiary of BancWest Corporation.

Earnings Per Share

As for profitability, First Hawaiian has a trailing twelve months EPS of $1.74.

PE Ratio

First Hawaiian has a trailing twelve months price to earnings ratio of 13.56. Meaning, the purchaser of the share is investing $13.56 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.04%.

Volume

Today’s last reported volume for First Hawaiian is 420908 which is 41.47% below its average volume of 719135.

3. Douglas Dynamics (PLOW)

25.9% sales growth and 12.15% return on equity

Douglas Dynamics, Inc. operates as a manufacturer and upfitter of commercial work truck attachments and equipment in North America. It operates through two segments, Work Truck Attachments and Work Truck Solutions. The Work Truck Attachments segment manufactures and sells snow and ice control attachments, including snowplows, and sand and salt spreaders for light trucks and heavy duty trucks, as well as various related parts and accessories. The Work Truck Solutions segment primarily manufactures municipal snow and ice control products; provides truck and vehicle upfits where it attaches component pieces of equipment, truck bodies, racking, and storage solutions to a vehicle chassis for use by end users for work related purposes; and manufactures storage solutions for trucks and vans, and cable pulling equipment for trucks. This segment also offers up-fit and storage solutions. It also provides customized turnkey solutions to governmental agencies, such as Departments of Transportation and municipalities. The company sells its products under the BLIZZARD, FISHER, SNOWEX, WESTERN, TURFEX, SWEEPEX, HENDERSON, BRINEXTREME, and DEJANA brands. It distributes its products primarily to professional snowplowers who are contracted to remove snow and ice from commercial and residential areas. The company was founded in 1948 and is headquartered in Milwaukee, Wisconsin.

Earnings Per Share

As for profitability, Douglas Dynamics has a trailing twelve months EPS of $1.19.

PE Ratio

Douglas Dynamics has a trailing twelve months price to earnings ratio of 23.48. Meaning, the purchaser of the share is investing $23.48 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 12.15%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is a negative 16% and positive 168.4% for the next.

Revenue Growth

Year-on-year quarterly revenue growth declined by 3.6%, now sitting on 573.92M for the twelve trailing months.

Yearly Top and Bottom Value

Douglas Dynamics’s stock is valued at $27.94 at 06:22 EST, way below its 52-week high of $32.31 and way higher than its 52-week low of $21.31.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Jun 17, 2024, the estimated forward annual dividend rate is 1.18 and the estimated forward annual dividend yield is 4.14%.

Previous days news about Douglas Dynamics(PLOW)

  • According to Zacks on Thursday, 5 September, "However, what separates Douglas Dynamics from its auto replacement part peers is its 4.29% annual dividend yield compared to the industry average of 1.98% and the S&P 500’s 1.28% average."

4. Clearwater Paper Corporation (CLW)

24.8% sales growth and 7.16% return on equity

Clearwater Paper Corporation produces and sells private label tissue and bleached paperboard products in the United States and internationally. The company operates through two segments, Consumer Products, and Pulp and Paperboard. The Consumer Products segment manufactures and sells a line of at-home tissue products, including bath tissues, paper towels, facial tissues, and napkins; recycled fiber value grade products; and away-from-home products and parent rolls. This segment sells its products to retailers and wholesale distributors, including grocery, drug, mass merchants, and discount stores. The Pulp and Paperboard segment manufactures and markets bleached paperboard, folding cartons, liquid packaging, cups and plates, blister and carded packaging, top sheet and commercial printing grades and softwood pulp products, as well as offers custom sheeting, slitting and cutting of paperboard. It sells its products to packaging converters, folding carton converters, merchants, and commercial printers. Clearwater Paper Corporation was incorporated in 2005 and is headquartered in Spokane, Washington.

Earnings Per Share

As for profitability, Clearwater Paper Corporation has a trailing twelve months EPS of $2.63.

PE Ratio

Clearwater Paper Corporation has a trailing twelve months price to earnings ratio of 13.06. Meaning, the purchaser of the share is investing $13.06 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 7.16%.

5. Copart (CPRT)

13% sales growth and 21.71% return on equity

Copart, Inc. provides online auctions and vehicle remarketing services in the United States, Canada, the United Kingdom, Brazil, the Republic of Ireland, Germany, Finland, the United Arab Emirates, Oman, Bahrain, and Spain. It offers a range of services for processing and selling vehicles over the internet through its virtual bidding third generation internet auction-style sales technology to vehicle sellers, insurance companies, banks and finance companies, charities, fleet operators, dealers, vehicle rental companies, and individuals. The company's services include online seller access, salvage estimation, estimating, end-of-life vehicle processing, transportation, vehicle inspection stations, on-demand reporting, title processing and procurement, loan payoff, flexible vehicle processing programs, buy it now, member network, sales process, and dealer services. Its services also comprise services to sell vehicles through CashForCars.com, CashForCars.ca, CashForCars.de, CashForCars.co.uk, and Cash-for-cars.ie; Copart Recycling service, which allows the public to purchase parts from salvaged and end-of-life vehicles; copart 360, an online technology for posting vehicle images that captures clear 360-degree views of interiors and exteriors of cars, trucks, and vans; membership tiers for those registering to buy vehicles through Copart.com; and virtual queue to secure a place in line while visiting one of its locations. In addition, it provides non-salvage powersport vehicle remarketing services through live and online auction platforms. The company sells its products principally to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, and exporters, as well as to the public. Copart, Inc. was incorporated in 1982 and is headquartered in Dallas, Texas.

Earnings Per Share

As for profitability, Copart has a trailing twelve months EPS of $1.4.

PE Ratio

Copart has a trailing twelve months price to earnings ratio of 39.56. Meaning, the purchaser of the share is investing $39.56 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 21.71%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 5.9% and 8.8%, respectively.

Previous days news about Copart(CPRT)

  • Copart, inc. (cprt) misses Q4 earnings estimates. According to Zacks on Wednesday, 4 September, "While Copart has underperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?"

6. Crexendo (CXDO)

9.8% sales growth and 6.24% return on equity

Crexendo, Inc. provides cloud communication platform and services, video collaboration, and managed IT services for businesses in the United States, Canada, and internationally. It operates through two segments, Cloud Telecommunications and Software Solutions. The Cloud Telecommunications segment provides telecommunications services that transmit calls using Internet protocol (IP) or cloud technology, which converts voice signals into digital data packets for transmission over the Internet or cloud; and broadband Internet services. This segment is also involved in the sale and lease of cloud telecommunications equipment. In addition, it offers hardware, software, and unified communication solutions for businesses using IP or cloud technology over high-speed internet connection through various devices and user interfaces, such as desktop phones and/or mobile, and desktop applications under the Crexendo brand name. The Software Solutions segment provides suite of unified communications, video conferencing, collaboration, and contact center solutions. This segment also offers SNAPsolution, a IP-based platform; and SNAPaccel, a software-as-a-service based software, as well as provides subscription maintenance and support, and professional services, including consulting, technical support, resident engineer, design, and installation services. The company was formerly known as iMergent, Inc. and changed its name to Crexendo, Inc. in May 2011. Crexendo, Inc. was incorporated in 1995 and is based in Tempe, Arizona.

Earnings Per Share

As for profitability, Crexendo has a trailing twelve months EPS of $0.1.

PE Ratio

Crexendo has a trailing twelve months price to earnings ratio of 46.2. Meaning, the purchaser of the share is investing $46.2 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 6.24%.

7. Canadian Pacific Railway (CP)

8.8% sales growth and 8.1% return on equity

Earnings Per Share

As for profitability, Canadian Pacific Railway has a trailing twelve months EPS of $3.1.

PE Ratio

Canadian Pacific Railway has a trailing twelve months price to earnings ratio of 27.76. Meaning, the purchaser of the share is investing $27.76 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.1%.

Yearly Top and Bottom Value

Canadian Pacific Railway’s stock is valued at $86.05 at 06:22 EST, under its 52-week high of $91.58 and way higher than its 52-week low of $68.92.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 10.1% and 10.5%, respectively.

8. Merit Medical Systems (MMSI)

6.3% sales growth and 9.45% return on equity

Merit Medical Systems, Inc. manufactures and markets disposable medical devices for interventional, diagnostic, and therapeutic procedures in cardiology, radiology, oncology, critical care, and endoscopy. The company operates in two segments, Cardiovascular and Endoscopy. It provides peripheral intervention products for the diagnosis and treatment of diseases in peripheral vessels and organs; and cardiac intervention products, such as access, angiography, hemostasis, intervention, fluid management, electrophysiology and cardiac rhythm management, and hemodynamic monitoring to treat various heart conditions. The company also offers custom procedural solutions that include critical care products, disinfection protection systems, syringes, swab and collection systems, manifold kits, and trays and packs; coated tubes and wires; and sensor components for microelectromechanical systems. In addition, it provides pulmonary products that consist of laser-cut tracheobronchial stents, advanced over-the-wire and direct visualization delivery systems, and dilation balloons; gastroenterology products; and kits and accessories for endoscopy and bronchoscopy procedures. The company sells its products to hospitals and alternate site-based physicians, technicians, and nurses through direct sales force, distributors, original equipment manufacturer partners, or custom procedure tray manufacturers in the United States and internationally. The company was incorporated in 1987 and is headquartered in South Jordan, Utah.

Earnings Per Share

As for profitability, Merit Medical Systems has a trailing twelve months EPS of $2.01.

PE Ratio

Merit Medical Systems has a trailing twelve months price to earnings ratio of 48.1. Meaning, the purchaser of the share is investing $48.1 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.45%.

Sales Growth

Merit Medical Systems’s sales growth is 9.2% for the ongoing quarter and 6.3% for the next.

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